Uncertainty Looms For Polygon and Starknet as KangaMoon Remains on Top of Investors Watchlist
The post Uncertainty Looms For Polygon and Starknet as KangaMoon Remains on Top of Investors Watchlist appeared first on Coinpedia Fintech News
After a major rally in March, Polygon and Starknet are back in the trenches. The duo has suffered a bearish pullback as the prevailing market circumstances mount. In contrast, KangaMoon is moving ahead with excellent all-round performance. The token has been listed across major exchanges with more investors indicating interest to purchase it as it aims to reach the $0.5 threshold in the coming months.
KangaMoon Attracts More Buyers After Listing Exploits
While Polygon and Starknet are back in the downtrend, KangaMoon is moving on, pulling more buyers to its fold. After the presale rally, the project has given massive ROI to traders who bought it after listing on BitMart and Uniswap. This has sparked a reaction from buyers who are captivated by the token meteoric rise and its substantial growth in the future.
The new momentum is also aided by the token presence on CoinMarketCap and Coingecko which has facilitated up to 272% profit since listing. From the CoinMarketCap data, KangaMoon’s price sits at an ATH value of $0.15 with the market cap hitting $90 million in the past few days of listing.
Leveraging its commitment to the further development of the ecosystem, KangaMoon is primed for a massive token surge in the future. The platform is increasingly growing its community with the launch of a new gaming system now on the horizon. Aside from that, KangaMoon is committed to both the Gamefi and the crypto price value, aligning with the aspirations of many users.
Furthermore, KangaMoon is geared toward becoming a leader in the NFT and metaverse worlds, which makes it a must-have crypto for investors looking for long-term benefits. That’s why industry experts retain high admiration for this project while forecasting a rally toward the $0.5 mark by the end of the year.
Polygon Loses Traction As Sell-off Begins
Investors are gradually losing hope on the Polygon token after suffering a loss of 23% in the past month, according to CoinMarketCap data. The latest dip reversed the gains of early June in which the Polygon price looked towards heading to the $1 mark. Also going the way of bearish trends is the Polygon market cap, which has dropped considerably.
According to many analysts, the cause of the present Polygon slides stems from the sell-off from Polygon holders who may be looking for new projects to jump to. However, crypto experts such as CryptoPatel believe there is a potential bullish pennant on the Polygon trading charts, which may see the token hit $2 in the coming months.
Starknet Price Dip Despite The Launch of DeFi Spring 2.0
Starknet takes after Polygon as an Ethereum layer 2 network providing unlimited computation scaling for users. Even though Starknet’s new DeFi spring where users can earn from the pool of 90 million STRK is now underway, the Starknet token is still stuck in the downtrend.
From the data available on CoinMarketCap, Starknet’s price has decreased by almost 50% in the past month. This has also affected the Starknet market cap, which has been unable to hit $1 billion. With Starknet price still a big 82% down from its ATH record, only a strong bull showing could save the token from shrinking further.
Which of the Tokens Should Investors Go For?
As evident from their performance in the last few months, KangaMoon is a surefire way to profit. While Polygon and Starknet are strongly affiliated with Ethereum, they may struggle for user adoption due to intense competition among other Layer 2 networks. As such, KangaMoon is the best investment for investors willing to profit.
Discover the Exciting Opportunities of the KangaMoon (KANG) Today!
Website: https://Kangamoon.com/
Join Telegram Community: https://t.me/Kangamoonofficial
